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Finance and Accounting for Nonfinancial Managers: All the Basics You Need to Know (Finance & Accounting for Nonfinancial Managers)
 
 

Finance and Accounting for Nonfinancial Managers: All the Basics You Need to Know (Finance & Accounting for Nonfinancial Managers) [Kindle Edition]

William G. Droms , Jay O. Wright

Digital List Price: £14.33 What's this?
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Product Description

Product Description

In the current environment of cut-throat competition, razor-thin profit margins, and increasing scrutiny from stakeholders, mastering the fundamentals of financial management is a must for everyone with a stake in their companies and in their own professional futures. Packed with step-by-step examples and illustrative case studies, and updated to reflect the latest trends in the economy and in financial policy, Finance and Accounting for Nonfinancial Managers is a nuts-and-bolts guide for managers, entrepreneurs, seasoned executives, teachers, and students alike. Featuring new commentary on corporate accountability, updated interactive templates, study questions, and an online instructor’s guide, this new edition covers all the key aspects of financial management.

Synopsis

Covers taxes, financial statements, accounting procedures, statement analysis, forecasting, budgeting, valuation of assets and sources of long-term financing.

Product details

  • Format: Kindle Edition
  • File Size: 2355 KB
  • Print Length: 320 pages
  • Publisher: Basic Books; 6 edition (13 April 2009)
  • Sold by: Amazon Media EU S.à r.l.
  • Language English
  • ASIN: B003OBZOFI
  • Text-to-Speech: Enabled
  • Amazon Bestsellers Rank: #276,557 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Amazon.com:  7 reviews
18 of 18 people found the following review helpful
Easy to read and understand for the non-technical person 15 Dec 2001
By Harold McFarland - Published on Amazon.com
Format:Paperback
This book does a great job of helping managers understand the financial world. It takes the basics of finance and accounting and describes them in a very non-technical and easy to understand manner. I am a degreed accountant with a strong finance and economics background and find it difficult to explain things to business owners and managers in a way that makes sense to them. This book resolves that problem. By the time they read through it once we can at least talk together and I don't feel like I am using a foreign language.
A very valuable book that should be required reading for anyone who goes into business for theirself or moves up the corporate ladder to a position where understanding these things is beneficial for their career. While it is not a treatise on the details of accounting and finance it will give you a broad enough scope to understand what you should be doing and why things work the way that they do. A recommended read.
18 of 21 people found the following review helpful
A fine overview for nontechnical managers. 6 July 1999
By A Customer - Published on Amazon.com
Format:Paperback
Professor Droms has re-edited his well known book: FINANCE AND ACCOUNTING FOR NONFINANCIAL MANAGERS. I, for one, am very glad to see that it continues in print and available.

This book provides remarkable insights into why things financial are the way that they are. His examples are clear and understandable. His explanations are coherent and make sense.

Perhaps, the only critique I can make for this useful and easier to follow book, is that it is too short.

Henry H. Goldman, Ph.D.

Associate Professor, Business Administration TOURO UNIVERSITY INTERNATIONAL

5 of 6 people found the following review helpful
Great for project managers 16 Jun 2000
By Keith Parker - Published on Amazon.com
Format:Paperback
It is concise and easy to understand. Helps you understand basic accounting and business finance without having a background in accounting.

Popular Highlights

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maximization of earnings per share of common stock subject to considerations of business and financial risk, timing of earnings, and impact on dividend policy. &quote;
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four basic forms of business ownership in the United States: the sole proprietorship, the partnership, the corporation, and the limited liability company. &quote;
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current assets should be approximately twice as large as current liabilities. &quote;
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